
Cheap Apartments for Rent in the Canal Walk Neighborhood of Indianapolis, IN from $605 (102 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Canal Walk area of Indianapolis.


Windsor

Barbee

The Harrison

Traymore Apartments

St. Regis

550 Fletcher Ave

Capitol Manor

The Victoria Apartments

Indy Christian Place Apartments LLC
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Canal Gardens

Madison Apartments

Chelsea Manor

Mayleeno

Senate Manor

The Seminole

Campus Townhomes

Stonegate Apartments

Indy Downtown Colonial Apartments

Raleigh
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Van Dyke

The Maryden

Grid

The McKay

The Richelieu

Illinois Street Senior Apartments

Blacherne Apartments

The Congress at Library Square

The 101

946 MLK
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The Pennsylvania

450 N Massachusetts Ave

312 E 13th St

Wyndham on Delaware

The Pointe on Mass

1335 Central Ave

Turnverein Apartments

Indiana Flats and Townhomes

Kennedy Apartments

St. Joseph Flats
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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434 E New York St

230 E 9th St

920 Broadway St

Shoemaker Building

250 S Meridian St

Genesee Apartments

Five Twenty Virginia

402 E New York St

Real Silk Lofts

928-934 Martin Luther King Jr St
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Canal Walk, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Canal Walk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canal Walk Studio Apartments | $1,389 | $675 | $3,684 |
| Canal Walk 1 Bedroom Apartments | $1,622 | $815 | $3,644 |
| Canal Walk 2 Bedroom Apartments | $2,227 | $846 | $10,000+ |
| Canal Walk 3 Bedroom Apartments | $3,162 | $1,950 | $8,628 |
| Canal Walk 4 Bedroom Apartments | $4,891 | $2,895 | $8,291 |
Browse Apartments in this Neighborhood
There are currently 102 rentals with your search options within a 1 mile radius of the Canal Walk Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Cheap Canal Walk Apartments
What is a cheap apartment in Canal Walk?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canal Walk is under $1,050.
What is the price of a cheap apartment in Canal Walk?
The cheapest apartment in Canal Walk is St. Regis which is listed at $793, while the average apartment in Canal Walk costs $1,504.
What types of apartments are the cheapest in Canal Walk?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 69 regular apartments in Canal Walk that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Canal Walk?
Cheap apartments in Canal Walk have an average cost of $238 which is $1,266 cheaper than the average rent for all rentals in Canal Walk.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.